INVEST IN FLONT TODAY!
Unlimited fine jewelry!
$11,529.60 Raised
REASONS TO INVEST
TEAM
Cormac Kinney
Founder, CEO and Director
Brooke Magnaghi
Creative Manager
Christine Philip
Strategic Partnerships
Randy Brandoff
Marketing & Ops Consultant
Adrienne Chan
Marketing Manager
Anila Daci
Inventory and QA Manager
Salvatore Russo, CPA
Finance
Po Hau
Lead Developer
Jenny Han
Developer
Carmen Busquets
Lead Investor
Adrian Cheng
Investor
Clive Ng
Investor
Stephanie Stahl
Investor
Miki Iwamura
Investor
Michael Crotty
Investor
Jack Stahl
Investor
Jorge Mora
Investor
Franco Penè
Investor
Milton Pedraza
Investor
TERMS
Flont
Overview
DEADLINE
Sep 28, 2018
Breakdown
OFFERING TYPE
Equity
Maximum Number of Shares Offered subject to adjustment for bonus shares
Irregular Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000:
PRESS
Flont Shakes Up High End Jewelry
Flont Strives to Shake Up High-End Jewelry with Sharing Model. Founder Cormac Kinney has been cited in more than 1,500 patents and has raised about $500 million in capital for various companies in his 25-year career. He airm to help brands cash in on the sharing economy.
“For jewelry designers … Flont is a game-changer.”
This Startup Is Like Rent the Runway for Actual Diamonds. Flont definitely sounded too good to be true. Airbnb has changed the way we travel, Uber and Zipcar have changed the way we get around, and designer rental service Rent the Runway has changed the way we fill our closets.
High-End Shopping In The Sharing Economy: Now We Can All Have Couture
Between consignment e-tailers and luxury-label rental sites, consumers are approaching designer fashion with a whole new mentality. Luxury is changing—and changing for the more value-centric consumers who are much greater in number than pure luxury products.
ALL UPDATES
08.02.18
Cowen Research Note "FLONT: AHEAD IN THE JEWELRY SHARING ECONOMY"
Oliver Chen, CFA, Head of Retailing/Specialty Stores:
"Cowen believes Flont is disrupting the traditional jewelry industry by reshaping how consumers buy jewelry online. In our view, Flont is uniquely positioned given: (1) the sharing economy is bringing a fundamental shift in consumer consumption and Flont benefits from this shift in trend; (2) Flont offers a curated jewelry collection comprised of +40 exclusive brand partnerships, and carries brands such as Bvlgari, Cartier, Tiffany's, as well as +65 artisan brands; (3)~10% of members end up purchasing jewelry they have rented in the first three months with an average ticket of ~$4,000; (4) there is minimal inventory risk as jewelry inventory is owned by brand partners who earn a revenue share on each rental plus benefit from awareness growth and sales; and (5) Flont provides a comprehensive global insurance policy in place to provide coverage to all members.
Our view is that Flont has exciting growth opportunities ahead both domestically and internationally through strategic partnerships, such as Chow Tai Fook and Inspirato, to grow its membership base from 10,000 to +100,000. Additionally, Flont is in the process of formulating partnerships with jewelry retailers and department stores. We believe having Flont membership counters at department stores can be an effective traffic driver for department stores and a prudent way for Flont to grow its membership base and acquire new supply."
08.02.18
Flont CEO Video Presentation at Cowen Analyst Preview
08.02.18
Cowen Publishes Interview of Flont CEO, Cormac Kinney
06.29.18
Charles & Colvard Partnership (NASDAQ:CTHR)
This week, Charles & Colvard, (NASDAQ:CTHR) a public jewelry company, announced a multi-year exclusive strategic partnership with Flont!
See: JCK Magazine | NASDAQ
-Cormac
REWARDS
JOIN THE DISCUSSION
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Howard Hadley
5 years ago
Hi. Is Flont planning to draw down the capital committed here? Or was the raise too small to bother with? Thanks.
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Randall Kinoshita
11 INVESTMENTS
5 years ago
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